SocGen

Former SocGen Chair says Bank's Governance is 'Best in Class'

China is helping to cushion global oil prices below $100 — but analysts warn it won’t last

A rapid reduction in Chinese crude imports has helped stop oil from trading even higher since the outbreak of the U.S.-Iran war — but analysts warn that price rises will be needed as market balance is gradually restored. The Middle East conflict has entered its 100th day — but fears of a $200-per-barrel spike have failed to materialize, despite global crude supplies tumbling 14% since hostilities began on Feb. 28. Market strategists say China is acting as a key pressure valve on energy...